Adzuri Management Consultancy (PTY) Limited is accredited by the Financial Services
Board as a compliance practice for the Financial Advisory and Intermediary Services
Act No 316. The Managing Director, Dawn Pretorius, is also accredited in her own
name, No 324.
Adzuri undertakes your FAIS compliance services on the following basis:
1. The first discussion to determine needs is free of charge.
2. A simply contract is put in place which allows the client or Adzuri to give three
months notice to terminate the contract at any time for any reason.
3. Adzuri will attend to the application to become an FSP on your behalf. Experience
in the exact requirements of the FSB is useful in ensuring as little queries as possible
and as quick turnaround time as possible to obtain the licence.
4. The compliance function includes the following:
a. Training of staff in elements of the FAIS/FICA as required
b. Provides the client with a checklist of the various policies, processes and procedures
that is required for FAIS/FICA purposes
c. Assistance with templates for necessary policies
d. Assistance with your risk register or risk management plan
e. Provides for checks /progress on qualifications and regulatory examinations etc
and register for representatives
f. Checking on telephone conversations/ documentation with clients (sample check)
to ensure compliance with FAIS
g. Completion and submission of the annual report
h. Monitoring report to client on a regular basis
i. Monthly or once every two months’ onsite visits or as required
Adzuri also provides for compliance consulting charged per hour on any compliance